Sixth Street Specialty Lending Dividend
Dividend criteria checks 4/6
Sixth Street Specialty Lending is a dividend paying company with a current yield of 9.65% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
9.7%
Dividend yield
84%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 20 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.34 |
| Dividend yield forecast in 3Y | 9.1% |
Recent dividend updates
Recent updates
Sixth Street Specialty Lending: Still Thriving Despite The Headwinds
Mar 18Sixth Street Lending Q4: Smooth Sailing For This 10% Yielding BDC
Feb 21Sixth Street Specialty Lending: Trades At A Premium To Nav Due To High Quality
Feb 10Sixth Street Specialty Lending: 8% Yield And NAV/Share Growth
Jan 26Switching Walk From Main Street Capital To Sixth Street Specialty Lending
Jan 08Sixth Street Specialty Lending: A Top BDC Selling At A Fair Price (Rating Downgrade)
Dec 15Sixth Street Specialty Lending: Outperforming, Strong Earnings
Nov 17Sixth Street Specialty Lending: The 9.2% Yield Is One To Hold
Oct 13Sixth Street Specialty Lending: Best Of Breed In BDC Space
Sep 04TSLX: The Golden Age Of Private Credit
Aug 23Sixth Street Specialty Lending: 10% Yield, Strong Q1 Earnings
Jul 28Sixth Street Specialty Lending: The 9.4% Dividend Yield Is Getting Fatter
Jul 21Sixth Street Specialty Lending: 9.7% Yield And Investment Grade Credit Rating
Jun 09TSLX: Another Quarter Of Outperformance For This 11.2% Yielding BDC
May 23Sixth Street Specialty Lending goes ex-dividend on Monday
Feb 24Sixth Street Specialty Lending raises base dividend by 2% to $0.46
Feb 1610%-Yielding Sixth Street Specialty Lending Is A Buy
Jan 20Sixth Street: You Can Still Get A 10% Yield On Your Purchase
Jan 09Sixth Street Specialty Lending: A 10%-Yielding Gift For Investors
Nov 02Sixth Street Specialty Lending: Buy This 8.6% Yield Before The Rebound
Aug 19Sixth Street Specialty Lending: A Solid BDC At The Right Price
Aug 10Sixth Street Specialty Lending, Inc. raises quarterly base dividend
Aug 03Sleep Well At Night With 8.0% Yielding Sixth Street
May 28Sixth Street Specialty Lending: Have Your Cake And Eat It Too
Mar 19Sixth Street Specialty Lending: Best-Of-Breed BDC With 7.2% Core Yield
Mar 10Sixth Street Specialty Lending: Safe High Yield For A Rich Retirement
Mar 02Buy This Inflation Resistant Dividend Monster: Sixth Street
Dec 19Sixth Street: An Excellent BDC That Gives You Stocking Stuffers
Dec 077.4% Yield Plus Bonus: Buy Sixth Street Specialty Lending
Sep 23Pound For Pound, Sixth Street Is One Of The Best BDCs Around
Jul 13Bag A 7.6% Yield With Sixth Street Specialty Lending
Jun 21Sixth Street Specialty Lending NII misses by $0.03, beats on total investment Income
May 04My Current Top BDC Pick: 7.9%-Yielding Sixth Street Specialty Lending
Dec 20Sixth Street Specialty Lending, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSLX's dividend payments have been volatile in the past 10 years.
Growing Dividend: TSLX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sixth Street Specialty Lending Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TSLX) | 9.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (TSLX) | 9.1% |
Notable Dividend: TSLX's dividend (9.65%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: TSLX's dividend (9.65%) is in the top 25% of dividend payers in the US market (4.65%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84%), TSLX's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TSLX is paying a dividend but the company has no free cash flows.